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OpenAI Seeks Additional Capital From Investors as Part of Its $40 Billion Round
OpenAI, which recently announced a $40 billion round of financing, is seeking funding from new and existing investors to fulfill the deal.
OpenAI’s company structure has also been a point of contention, and has rankled Elon Musk, who helped launch the research lab with a mission to safeguard humanity against artificial general intelligence, or AGI. After Musk left the company’s board in early 2018,OpenAI created a for-profit arm, in part to make it easier to fundraise. Last year Musk sued OpenAI for allegedly abandoning its original mission and said the company is “not just developing but is refining an AGI [Artificial General Intelligence] to maximize profits for Microsoft, rather than for the benefit of humanity.”
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